News & Media
Brink's invests $9M stake in Moneygram
February 7, 2020
The Brink's Company has invested $9 million in Moneygram, a money-transfer company, according to a company release.
read nowHow retail banks can speak to the customer experience
by Janet Hawkins — CEO & Founder, Opterus Inc
Janet Hawkins, president and CEO at Opterus, explains why retail banks need to continue ensure bank associates have the necessary tools that allow them to…
read nowMastercard partners with North Macedonia on digital identity solutions
February 7, 2020
Mastercard is partnering with the Republic of North Macedonia to develop digital identity solutions that will give citizens of that country a new way of…
read nowGalileo opens Mexico City office to serve growing LatAm fintech market
February 7, 2020
Galileo Financial Technologies Inc., which backs many fintech and financial institutions, has opened an office in Mexico, reflecting the company's interest in…
read nowBitcoin Depot grows deployment to 500 ATMs nationwide
February 6, 2020
Bitcoin Depot, a multi-currency cryptocurrency ATM network, announced an expansion to 500 ATMs worldwide, making it the largest blockchain ATM network across…
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Visa gains on holiday e-commerce, retail spending
by David Jones — Editor, Networld Media Group
Visa reported strong earnings during the fiscal first quarter, fueled by solid e-commerce and retail spending that offset weaker travel and restaurant spending.
read nowAvant completes spinoff from Amount
February 6, 2020
Avant, a Chicago-based consumer lending platform, has completed its spinoff from Amount, a SaaS business that helps financial institutions transform their…
read nowFiserv providing payments technology for Hong Kong's ZA Bank pilot
February 6, 2020
Fiserv Inc. and ZA Bank, the first virtual bank to launch a Hong Kong-based pilot program, said ZA is using Fiserv's VisionPlus global payment software to…
read nowComQi acquires financial CMS provider JohnRyan
February 5, 2020
ComQi Inc., a provider of content management solutions for retail, has acquired JohnRyan, a provider of financial content management solutions, fo an…
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SoFi partners with Bancorp Bank on cash management account
February 5, 2020
The Bancorp Bank announced a partnership with digital personal finance startup SoFi to provide back-end banking services and be the exclusive card issuer for…
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Fiserv adds 50 banks, credit unions to merchant services since First Data merger
February 5, 2020
Fiserv Inc. said that more than 50 financial institutions that use its core processing platforms have added merchant solutions to their portfolio between its…
read nowVisa plans major reset of interchange rates: Report
February 4, 2020
Visa is planning a major change to how it calculates the interchange rate, a move that could result in higher merchant fees for e-commerce transactions…
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Crane Payment acquires currency-handling firm Cummins Allison
February 4, 2020
Crane Payment Innovations, a banknote validation, cashless payments and developer of asset management software, has acquired Cummins Allison, a provider of…
read nowHitachi Terminal Solutions to assume ATM management for Thai state-owned bank
February 4, 2020
HItachi Terminal Solutions (Thailand) Co. said it received an order for ATM outsourcing from Thailand's state-owned Government Savings Bank in a partnership…
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Networld Media Group acquires Vending Times, names Elliot Maras editor
February 4, 2020
Networld Media Group, the parent company of Digital Signage Today and sister sites, has acquired The Vending Times, a media publisher in the self-service…
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What does the decline in ATM withdrawals mean for cash?
by David Tente — Executive Director, USA, ATM Industry Association
So, does the decline in the number of ATM withdrawals over the past few years portend a more rapid decline in the use of cash? Short answer — no!
read nowCardtronics extends ATM partnership with Fifth Third Bank to Carolinas
February 3, 2020
Fifth Third Bank entered a partnership with Cardtronics to rebrand 139 ATMs located in CVS pharmacies and other retailer stores in the Carolinas.
read nowTD Bank, Cardtronics to rebrand 80 ATMs at Rite Aid stores
February 3, 2020
TD Bank has signed a deal with Cardtronics to rebrand 80 ATMs inside New York Rite Aid stores in the Bronx, Brooklyn and Queens to operate under the bank's…
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Remitly launches digital banking service for immigrant communities
February 3, 2020
Remitly, a Seattle-based digital money transfer company, has launched Passbook by Remitly, a mobile banking service designed for immigrant communities, with no…
read nowBank of Ireland, AIB put non-branch ATMs up for sale
January 31, 2020
Bank of Ireland and AIB Group are exploring the sale of their non-branch ATMs, part of a wider trend in the banking industry to outsource management of ATM…
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